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martha: what about john boehner's role in all of this? i'm curious about who the faces and voices are that we'll be watching closely as they try to hash this out. >> john boehner is also a very fine man, and congressman from ohio, good family, good background, good man. he's in a very tough spot. he could do a compromise without getting the agreement of people like cantor and ryan, he could do it, but i think he'd be very mistaken to do that. he could get 50, 60, 70 republicans in the house to move and vote with the democrats, but i don't think he should do something like that. i think the republicans should stick to their principles, free market, progrowth supply side economics and let the chips fall where they may and that's what i think john boehner should do. martha: thank you, art. saying that people involved are good men and they should be able to get in there and work this out and it wasn't a bad election to lose and you're optimistic about the future. bill: you know what didn't stop throughout the elections. martha: what? bill: ca
martha: what about john boehner's role in all of this? i'm curious about who the faces and voices are that we'll be watching closely as they try to hash this out. >> john boehner is also a very fine man, and congressman from ohio, good family, good background, good man. he's in a very tough spot. he could do a compromise without getting the agreement of people like cantor and ryan, he could do it, but i think he'd be very mistaken to do that. he could get 50, 60, 70 republicans in the...
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. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given where our economy is. >> is it on the table to talk about it -- the wealthier americans -- >> i made it clear yesterday, raising tax rates is unacceptable and it couldn't even pass the house. >> i would like a real republican party to am come back because the democrats need to have their feet held to the fire, also. but you need to have -- [overlapping dialogue] >> you can't have crazies running a party. on both sides. >> by the way, california is where we are head audio california is almost, folks, a microcosm of where the country is headed. >> i mean if they are balkanized out there, it's a bunch o
. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given...
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speaker of the house john boehner who will remain the most powerful in washington another two years think voters instead wants to compromise. >> the american people have spoken. they re-elected president obama and they again re-elected a public majority in the house of representatives. there's a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. >> the democratic leader of the senate harry reid also expressed a desire to xroe mis-- compromi. now americans know they can't defeat obama now they need to put attention on meeting somewhere in the middle on important issues. >> this is a message american people sent from all over. that is they are tired of these partisan grid locks. they are tired of things like well i have one goal to meet be obama. that's gone. obama was re-elected overwhe overwhelmi overwhelmingly. american people want us to work together. >> we will find out soon if there will be compromise like both of the leaders that they both said because we are less than two months away from the fiscal cliff. long-term unemplo
speaker of the house john boehner who will remain the most powerful in washington another two years think voters instead wants to compromise. >> the american people have spoken. they re-elected president obama and they again re-elected a public majority in the house of representatives. there's a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. >> the democratic leader of the senate harry reid also expressed a desire to...
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yesterday john boehner did just that. he said that the republicans are willing to accept new revenue under the right conditions to get a deal. harry reid extraordinarily was talking about dancing and fighting, which is his way of saying he's ready to make some sort of a deal as well. but like gretchen said a minute ago, there is a big selloff on wall street yesterday because people on wall street feel that we are much closer to going off the fiscal cliff than before the election. >> gretchen: even if get a decision here, any kind of an agreement, bipartisanship, whatever you want to call it, it's only going to be short-term. this is not a -- nobody is paying attention to erskine bowls and that whole debt reduction plan. nope of the this is just going to be another stop gap measure. how do you feel about that? is that really bipartisanship for the long-term? are we really going to face all of these issues with both parties? >> brian: erskine bowls wrote a column today and said this is the perfect time to act. boehner said
yesterday john boehner did just that. he said that the republicans are willing to accept new revenue under the right conditions to get a deal. harry reid extraordinarily was talking about dancing and fighting, which is his way of saying he's ready to make some sort of a deal as well. but like gretchen said a minute ago, there is a big selloff on wall street yesterday because people on wall street feel that we are much closer to going off the fiscal cliff than before the election. >>...
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today, the house speaker john boehner told diane sawyer on abc that tax increases cannot be part of a deal. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it could pass the senate. >> shepard: speaker boehner says is he willing to talk about the president's proposals. ed henry is live at the white house for us tonight. ed, what are we expecting to hear from the president tomorrow? >> we are told that he is going to speak really for the first time substantively since the election and that post election party tomorrow about 1:00 p.m. eastern here at the white house. is he going to talk about the economy broadly but specifically the fiscal cliff. what he is willing to do to move forward and with negotiations on capitol hill. as you say, this could have a massive impact on our economy. there are these major spending cuts kicking in on january 2nd. you have the bush tax rates expiring at the end of this year. so that could mean tax hikes for millions of americans. you can seat markets reacting in a very negative way over the last couple da
today, the house speaker john boehner told diane sawyer on abc that tax increases cannot be part of a deal. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it could pass the senate. >> shepard: speaker boehner says is he willing to talk about the president's proposals. ed henry is live at the white house for us tonight. ed, what are we expecting to hear from the president tomorrow? >> we are told that he is going to speak...
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megyn: you're telling me john boehner's going to agree to that? >> he's agreed -- he's saying, he's making con conciliatory nos that maybe we don't mind if we get more money coming in from the rich. he wants to get rid of loopholes, but the effect is more money coming into the treasury. harry reid says tax the rich. trumka says don't cut entitlements, no, no, no, and don't worry about the deficit. you add that up, and that is a deal on the fiscal cliff, but the stock market doesn't like it, and the economy won't do well in it. that's the bottom line. megyn: all right. we'll see what they do with the fiscal cliff. they tried to fix it twice, twice they failed, now we're getting close to the deadline, and they're like, oh, we'll punt again. okay, fine. washington's going to do what it's going to do. what about obamacare? that, all sort of the bad stuff, if you will, of obamacare, the taxes, the penalties people are going to have to pay, they started in obama 2.0, and that starts in 2014. how big of an impact is that going to have? is. >> big. the re
megyn: you're telling me john boehner's going to agree to that? >> he's agreed -- he's saying, he's making con conciliatory nos that maybe we don't mind if we get more money coming in from the rich. he wants to get rid of loopholes, but the effect is more money coming into the treasury. harry reid says tax the rich. trumka says don't cut entitlements, no, no, no, and don't worry about the deficit. you add that up, and that is a deal on the fiscal cliff, but the stock market doesn't like...
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speaker of the house john boehner immediately saying he generally supportive of trying to close the loop holes. do you see that as raising taxes? >> what boehner said and in the republican position since republican we should reduce rates have economic growth many of which are put in by obama for the solyndra green-type energy programs. let's bring the rates down. boehner was clear he wanted increase revenues it is not a tax increase to put more americans at work. if our recovery was growing the rate reagans did more americans would be at work. in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do you think that those four points will go in negotiations with
speaker of the house john boehner immediately saying he generally supportive of trying to close the loop holes. do you see that as raising taxes? >> what boehner said and in the republican position since republican we should reduce rates have economic growth many of which are put in by obama for the solyndra green-type energy programs. let's bring the rates down. boehner was clear he wanted increase revenues it is not a tax increase to put more americans at work. if our recovery was...